Amplify Ethereum Max Income Covered Call ETF (EHY)

The Amplify Ethereum Max Income Covered Call ETF (EHY) is an exchange-traded fund from Amplify ETFs that aims to produce high income from exposure to ether, the digital asset of the Ethereum blockchain.

The fund gains ether exposure indirectly, typically through exchange-traded ether products, and actively sells call options on that exposure. Premiums collected from the options are the main source of distributions, while the option writing limits participation in large price gains.

Amplify ETFs, based in the Chicago area, sponsors the fund, which trades on Cboe BZX.